South Africa’s freight rail sector is set to attract ‘billions of rands’ in investments following follow_transnet’s announcement on Friday regarding the sale of slots to third-party operators. Monewyeb Palesa_foks
South Africa’s freight rail sector is set to attract ‘billions of rands’ in investments following Transnet’s announcement on Friday regarding the sale of slots to third-party operators. This is according to the African Rail Industry Association . Aria says the decision – which will promote the increased use of rail for the transportation of freight – will unlock significant benefits for the broader economy and stimulate the country’s job creation efforts.
Key container corridors Following President Ramaphosa’s announcement of third-party access in his State of the Nation Address in February, the country’s state rail company Transnet announced during a briefing on Friday that it would make six slots available to third parties in the container corridor between Durban in KwaZulu-Natal and City Deep in Gauteng, and a further 10 slots between Johannesburg in Gauteng and East London and Nelson Mandela Bay in the Eastern Cape from April.
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